Skyline of Matara
Cost of Living: 70 400,000

Matara, Sri Lanka

Matara is a major city in Sri Lanka with a population of 400,000.

Updated August 30, 2026

Overview

Matara is a city in Southern with a population of 400,000. Matara is a major city in Sri Lanka with a population of 400,000. Housing is more affordable than the national average. The overall cost of living is below the national average. Gardening thrives here — the 8a growing zone supports Warm — citrus, avocados, tomatoes, peppers. The city enjoys abundant sunshine, with about 260 sunny days a year. The population skews young, with a median age of 33.0.

Last updated: August 30, 2026

Cost of Living 70

Below Average vs Sri Lanka Avg (100)

Housing Index 75

Affordable

Median Income Rs 540,000

Household income

Unemployment 5.0%

Job market health

Matara vs Sri Lanka Average

Cost of Living
Matara: 70
Sri Lanka Avg: 100
Housing Index
Matara: 75
Sri Lanka Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 8.0%

Economy & Jobs

  • Median Income: Rs 540,000
  • Unemployment: 5.0%
  • Population: 400,000

Climate

  • Sunny Days: 260/year
  • Summer High: 86°F
  • Winter Low: 75°F
  • Farming Zone: USDA Zone 8a

Housing

  • Median Home: Rs7,000,000
  • 1BR Rent: Rs18000/mo

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Cost of Living

Matara's cost of living index is 70 (Sri Lanka average = 100).

CategoryMataraNational AverageDifference
Overall70100-30.0%
Housing75100-25.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home PriceRs7,000,000
Median Rent (1BR)Rs18000/mo
Median Rent (2BR)Rs22,500/mo
Price per Sq FtRs4,666

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

Rs
%
$90,000 down
%
%
Rs

Utilities

Estimated monthly utility costs for a typical household in Matara:

UtilityEstimated Monthly CostNotes
ElectricityRs5000
Heating & CoolingN/AEstimated based on local climate.
Cooling (AC)Rs70Estimated based on local climate and electricity rates
WaterRs2000Includes sewer
Internet (100+ Mbps)Rs3000Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total UtilitiesRs10070Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Matara scores —/100 for remote work readiness:

Cost of Living
— 70
Rent
— Rs18000
Sunny Days
— 260
Tax
— None
Unemployment
— 5.0%
Climate
— 86°F / 75°F
Safety
— 2.3 homicides/100k
Population
— 400,000
Internet Speed
— 30 Mbps

Climate

Matara has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January95°F75°F2.5"
April71°F90°F2.8"
July86°F61°F1.5"
October66°F93°F2.2"
USDA Zone 8a

Warm — citrus, avocados, tomatoes, peppers

Natural Hazards

Matara faces the following natural hazards:

Cyclone High Risk

Significant cyclone risk.

Flood High Risk

Monsoon rains cause frequent flooding.

Heat Wave High Risk

Extreme summer heat.

Earthquake Moderate Risk

Moderate seismic activity with occasional earthquakes.

Tsunami Moderate Risk

Indian Ocean coast with tsunami risk.

Drought Moderate Risk

Periodic drought conditions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 8%
  • Property Tax: ~0.2% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 5.0%.

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 1:30 PM
Academic Year January to December
Term System Trimester — 1st (Jan-Apr), 2nd (May-Aug), 3rd (Sep-Dec)
Summer Break April to May (3 weeks)
Winter Break December to January (4 weeks)
Spring Break August (2 weeks)

Many schools operate in morning and afternoon shifts. Sinhala and Tamil New Year in April.

Demographics

The population of Matara is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Indian Tamil
4.2%
Moor
9.2%
Other
0.5%
Sinhalese
74.9%
Sri Lankan Tamil
11.2%

Education

Bachelor's degree or higher
25.0%
High school graduate
30.0%
Less than high school
30.0%
Some college
15.0%

Religion

Buddhist
70.0%
Christian
7.0%
Hindu
13.0%
Muslim
10.0%

City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.

Data source: Department of Census and Statistics (2012)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Matara, Sri Lanka?

The cost of living index in Matara is 70, which is Lower the Sri Lanka national average of 100.

How much does it cost to buy a home in Matara?

The median home price in Matara is Rs7,000,000. The housing index is 75.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Matara is approximately Rs18000/mo.

Does Matara, Southern have income tax?

Matara is in Southern, which has no income tax.

What is the climate like in Matara?

Matara enjoys approximately 260 sunny days per year. Summer highs reach around 86°F, while winter lows can drop to around 75°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.